32 Burst results for "Kimberly Clark"
Leadership and Loyalty
"kimberly clark" Discussed on Leadership and Loyalty
"Which is really great. Let's start with, okay, so for me to ten X my life, I got to do the 80 20 principle. And in the age 20%, 20% of who and how I operate now. Well, real quick, the only way you would even can apply the 80 20 principle is by having a gold big enough that it separates the wheat from the tears. Or the signal from the noise. If your goal is two X, meaning it's not very different from where you're at right now, because the change is so minor, it's actually hard to distinguish what is in the 80%. If the goal is exactly what I was going to go, when you go ahead and do this, it's like, okay, well, what do I strip away? I think that's going to be the most people's question. It's easy to go, oh, well, you know, I know her drink too much. I got to cut that out. And I'm going to start working out, so I got to do, you know, there's some things that are obvious. But is it most of the stuff in that 80% is not going to be obvious to the person because again, my quote is a fish can not describe water. You can't see the shit you're swimming in, right? So, because you can't see that stuff. I know you won't Nick that quote. I'm in love with that. I'm in love with that. So the truth of the matter is that a lot of the time we don't know what to pull away because we can't see it. It's the blind spots. So how do we get to that? Because there are a lot of things we do. Like, let's just take you. You know, you've done this blogging. There's a hundred millions of people, it's fantastic. Why the hell would you give that up? Is everybody's going to be everybody's response? How do you tear that piece of flesh off that has made you successful? So I love the book good to great. It's a classic book by Jim Collins and he literally tells the famous story of, I think it's Darwin Smith, right? It's the idea that he became the CEO of Kimberly Clark, the paper company, right? And the paper company had been around for over a hundred years. This was in 1970. And the company had been around for a hundred years and it was mostly a paper mill company that made magazines. And like notebooks. Yet they had 5% of their company, which made which made products that were for customers, not for big business. They were for customers like kleenexes, right? And they saw that this was something that had huge potential, but it was only 5% of the business. And so what happened with Darwin Smith as he said, I get that the paper mills and stuff like that has been our bread and butter for the past over a hundred years, and it makes up right now. 90% of our revenue, but I see this like game changing potential if we went straight to customers and we did products like Kleenex, which were just, I think we could become the best in the world at that. We could become truly great at that. Whereas if we maintain the paper mills, we can only stay good. We'll keep competing. We won't be unique where there's no competition. And so he literally sold the paper mills and was derided, right? And over the next 25 years, they make the biggest paper company in the world. And if you go to any public bathroom, you probably see Kimberly Clark on the dispenser for the toilet paper and stuff. And so the main point is is that if you're okay being good, you can't be great. And so one thing is is you can't, and this is something I learned in a lot of ways from Alan Bernard, who's someone who introduced you and I together. And he understands decision making. And so he talks about how, if the goal is not big enough, then you can't discern what would work and what wouldn't. And so if your goal is minor growth, call it 10%, 50%, even a 100%. It makes it very difficult to distinguish what about what you're now doing isn't that effective. Because it's just too close to what you're doing right now. Whereas if you make the goal ten times bigger, it's a truth filter. If you're really honest, this is why all progress starts by telling the truth. If the goal is that big, you have to be honest that almost everything you're doing right now has no efficacy for that goal. Almost everything I'm doing right now is actually a distraction. And so it's like, well, what are the one or two things that if I went all in on have some potential for that goal? Right. And so one of them is that the goal has to be so big that it clearly clearly identifies the things in your life right now that are not worthy of that goal that could not get you there. Right. And so that helps you distinguish the signal from the noise. Another thing another thing that really helps for identifying the 80% and by the way, I'm going to just say this in simple terms so that it's in your mind. It's kind of like the I have a dream speech. You know, you heard I have a dream over and over. Here's what I'm saying over and over. If you keep the 80%, you're living two X it means that you're operating mostly from the past and you're living linear and you're not transforming. If you eliminate the 80%, and you go all in on the crucial 20%, which is the few things in your life. Which give you the most energy, most excitement, and the most upside, these could be people and activities, dance Sullivan actually calls certain actions and activities your unique ability. He has a concept because unique ability, which is, this is the area where you have unique potential. And that has infinite upside and gives you infinite excitement, but it's also where you're very afraid because you're being vulnerable about your core self. And about stripping away the David. So anything that's in the 80% are things that don't have ten X potential.
Bloomberg Radio New York
"kimberly clark" Discussed on Bloomberg Radio New York
"On Bloomberg television and radio. I'm David Weston, as we come in, we are watching right now. President Biden is he's giving remarks live over on the west side of Manhattan at a rail yard. This is really talking about some of the infrastructure money that's coming the way, particularly of that tunnel under the Hudson River that we've been talking about for so very long. We're going to turn now to somebody who has been a veterinary fishery. I think it's fair to say, some of the federal funds coming in, she's Lori Lightfoot. She's the mayor of Chicago. Thank you so much for joining us. First of all, start with that and roll the federal government's play on trying to get some money into the city's tied to the pandemic, but beyond that. Well, look, we can't understate the impact of the bipartisan infrastructure law. And I don't think, frankly, President Biden and the administration get nearly the credit that they deserve about how this is a game changer. You know this, but many presidents over many, many terms. I've talked about the necessity of infrastructure. It is one of the bipartisan uniting thing, but this administration got it done. And we are absolutely the beneficiaries of it. We just had a ribbon cutting announcing funding for some big bridges in the southeast side of Chicago. If your Blues Brothers fans, you'll know them. But that's money that's going to come to shore up those bridges that are crucially important. Not only for surface transportation, but for river traffic as well. But we didn't wait frankly for the federal government to get the job done. Two years prior, we passed what we call our Chicago works infrastructure plan, a multiyear multi-billion dollar investment and roads, bridges, tunnels, ensuring up the infrastructure of the city. So the monies that we're getting from the federal government are really complimentary to the work that we already started Aaron Chicago. And madam mayor going beyond infrastructure issues. I know you've already taken a fairly bold step of really trying to address the pension issues for Chicago. Contributing more than was required in the pension. You're underfunded, but you're trying to catch up. Was that helped substantially with federal government? And can you sustain that when you don't get as much money out of the federal government? Well, we weren't using federal government dollars to do that. We prepaid our pensions to the tune of a court of a $1 billion based upon our economy coming roaring back. Our revenues exceeded projections in 21. And again in 22, which put us in the position to be able to prepay our pensions and simplest term, we're not paying the minimum monthly payment. We're dipping into and paying the principal so we can bring down our pension obligations over time. This is now the policy of the city of Chicago, and we are going to continue to move this forward because it's the right thing to do. We've got a 100,000 pensioners and current city employees who are depending upon us to uphold our promise on pensions, and we've got to get the job done. I'm happy to say we're climbed our pension ramp. We're paying on an extra aerial funded basis. This is all good news. And the work that we have done over the last four years has been validated by the rating agencies that since August have given us ten upgrades, we're moving us in some instances from junk to investment grade and three positive outlooks across all of our credits. This is a good news story for Chicago. Mayor life, but as you talk about the economy roaring back in Chicago, talk about businesses coming and leaving. Obviously Ken Griffin got a lot of attention by saying he's leaving Chicago. He's going to Florida. What are you doing to attract more businesses to Chicago? How are you doing on the competition for businesses in Chicago? We're doing great. We have the most diverse economy in the country, whether it's manufacturing, transportation logistics, life sciences, food and ag and our tech sector is still very, very strong and growing. In 2021, we set a record of $10 billion in growth investments. Another $10 billion last year. In the last two years alone, we've seen over 300 companies make what we call pro Chicago decisions. Either coming here from elsewhere, like Kellogg, like Kimberly Clark, national brands, or smaller businesses, or businesses had already here, but are making a bet on Chicago by expanding their footprint, bringing more jobs and more revenues to our city. So we feel very good about the strength and the bones of our economy. Again, so much so that we're able to prepay our pensions because of those extra revenues that are being generated. Mayor life addressed two questions that we hear a lot about from corporations in the competition corporations that tell us whether they really are that important. One is crime and the other is taxes because we do hear a lot of talk about that. Do you find that those are key elements in attracting businesses or retaining businesses? Well, here's what I would say. Public safety is the issue period. Every mayor of every major and medium sized city that I know spends most of their time like I do on driving solutions to public safety in every neighborhood. And look, coming out of the pandemic, you know that there was a national rise in violent crime. People are scared. And we've got to make sure that they feel safe because they are safe. We make great progress in 22. Homicides were down 14%. Our shootings were down 20%. Our carjackings were down another 10%. But by no means are we at the end of the road. These are problems that were decades in the making. We're not going to get out of them overnight. We know that. But we are making measurable progress and our goal is to make Chicago the safest big city in the country. But when you have companies like Kellogg, like Kimberly Clark, or the investment that Google announced last year, bringing three to 5000 brand new job to the city of Chicago. These are smart sophisticated companies that do all the analysis, including analysis around public safety, but they're coming to Chicago because of the strength of our economy, our incredible workforce. We've got 200,000 students undergrad and graduates every single year in the city of Chicago. We have some of the best universities in the world. You have seen northwestern. You I see depaul. And the investments that they are all making in our city and I must add, it's a great place to live. We've got a good economy. You can live reasonably. Our Lake is second to none, our culinary and entertainment and arts and culture sector. It's a great
MarTech Podcast
"kimberly clark" Discussed on MarTech Podcast
"Offer that's aimed at people that have bought your category, maybe bought that product. So if you are a brand that's trying to increase frequency or increase or if you're a company or a retailer that's trying to get more foot traffic, more people in, you can target people that are buying in your category but haven't come into your store in the last X number of days or weeks or months, the precision targeting that you can do because of this data that we see on the fetch platform is extremely powerful. And then coming out of that campaign that you run on fetch, you can understand the exact impact that it had, which is a really important side. I think measurement is a place and a topic today and marketing that certainly top of mind as the privacy changes have reduced signal and what we do is we give you the best way to understand the cleanest way to understand what the impact of these programs are on your business. That's interesting, you know, often on this podcast we're talking a lot about digital brands where understanding what your consumers interaction did they purchase what marketing channels did they purchase from. That's data that we just inherently know and understand if there was a click, I know my marketing campaign drove somebody to my website, and then I can track if they bought a product. Retail, restaurants, all sorts of service businesses. Anything that's got a physical location, it's really hard to understand what marketing activities are driving your consumers and which are the consumers that actually purchased your product. So fetch gives you the ability to understand not only where people are buying, but what they're buying. It leads me back to this idea of okay. I can target and I can understand all sorts of different buying behaviors. I could target my competitors. I can retarget laps customers. There's all sorts of useful understanding and knowledge you can get out of who is buying what and where they're buying it in physical locations. But tell me about the activation component. How do you actually get someone in New York restaurant? How do you get them to stop using your competitor and start using your? What's the ad vehicle that gets people to interact? So the way that this comes to life is if your brand on fetch, you're going to set up offers. So there's a lot of different components within the app for ways to communicate. But the general mechanism is you will create some offer that's an incentivization telling a group of users that, hey, if you do this thing, if you buy this product, you will get this number of fetch points. It's as simple as that. You're rewarding them explicitly with fetch points for the action that you want to take. And you can target that at a very precise level and optimize points based on are they lapsed, like you said, or are they a loyal user and you're looking for a surprise and delight for them or maybe they're going to take a little bit more because they're competitive shopper, and you want to drive trial. So there's all these different use cases, but the ability to set up an offer within the fetch ecosystem and target them to drive that behavior is extremely powerful and effective. Now on the measurement side, what's important there is we do think about it as it's a performance engine for the physical world. So all of a sudden, now you can do performance marketing for physical retail, which is extremely powerful to think about, the way that we set up our measurement, which is super important to understand, is the same way they do it when the scientific community with control and exposed. So we hold out a randomized sample of individuals that don't see the brand. Don't see the offer and we measure that against the exposed group. And that's how when you're seeing enough the breadth of data that we're seeing, and you take this scientifically rigorous approach, you control for all other elements that are oftentimes missed within measurement, inflation tailwinds, any trade that you're doing in the store, any promotions that you're doing. Because it's control exposed, it balances that out. So you're truly getting an understanding of here's the incremental we call it, the verified incremental return. Here's the verified incremental return that you are getting for being on fetch. Give me an example here. What's a product or someone that's done performance marketing for the physical world? I understand this sort of test and control and you're able to sort of normalize all the other factors that are happening. What's an example of a brand that's done performance marketing to drive an interaction in the physical world? Right now, all the brands on our app are doing just that, which is amazing and super rewarding for us to see a real world example right now is Unilever. Right now they have a, they call it mix and match. So it's a spend $30 across any of their products at any grocery store. It's hard to not spend $30 on Unilever products. There's a ton of Unilever products. So here's the magic is because of the dynamics of our program running this where it's spent $30 across any grocery store, we piece all those together for user users. So if you buy a shampoo here, ice cream there, both those purchases are going to count. So spend $30 at any grocery store and you're going to get 10,000 points, which is equivalent to $10 in rewards that you can turn those into gift cards. So we're looking at that behavior across all grocery and now it's across company offer that they can activate so they truly now realizing the benefits of scale of all their brands to help lift all ships that's an example of what we do. And we do that across all of our partners, General Mills, has a program that they've stood up, good rewards within fetch Huggies, Kimberly Clark, PepsiCo, there's you name it, there's a lot of companies activating in that way. That's a crazy business model. In the sense of if Unilever is charging $30 for products and they're giving away the equivalent of a $10 gift card, that means that their margins have to be incredibly high, right? They're giving away a third of their top line revenue just to be able to drive consumer demand. Why is that a good business decision? So it's not just the moment of purchase, but it's everything that happens after that. What we do at so it's not a platform where we drive switching behavior, right? You're going to buy this for this offer and then it goes away. We have dynamics within the app where Unilever, for example, they're going to continue to reward you at some amount after you get introduced to those products. So I buy dove, all of a sudden I come in, I see this offer. I buy dove and I buy talenti and breyers and whatever the products are, I now know because of the mechanisms of infection. They're going to keep rewarding me. So we create that long-term behavior. So the 10,000 points on $30 basket also creates a long-term value for the users that begin buying those products and we show that time after time that it's the long-term revenue generation. The other thing is it's not just the baskets that you actually see are well above 30, right? So you throw a 30 by $30, get 10,000 points, which you actually see in market is people will spend 46 or whatever it is. We launched the rebrand podcast this month. It's our fourth podcast and the I hear everything network. It's our brand marketing show. And one of the conversations the host of the podcast had was with a CPG beverage expert. I think it was the person that invented the Arnold Palmer iced tea. Maybe it was Zico, coconut water. I forget what exactly what product it was, but a lot of what they think about is cans in hand. Once you can get your product into the consumer's hands, they have the experience with it, and then the pattern of behavior begins. Once somebody's trialed the product, they're significantly more likely to continue to purchase. And so by providing these types of rewards, you're not only being able to target your customers, you're basically buying a lost leader. You're getting a can in a hand, getting somebody to trial your product to pay for it, and then hopefully they stick around. Burke, last question I have for you for the companies that are not in CPG, they're not in the physical retail space. What would you advise them if they're thinking about creating their rewards program? Why is this a good strategy for even some of the digital companies out there? Why do rewards matter? I think if you're looking at creating your own rewards program, I think you should really ask if it's a core competency. If it's something that you're going to do well, I also think you have to think about user experience. Reward programs done right are extremely powerful for building relationships with consumers. Our belief at fetch is if you create value for a brand for another company, you deserve to be explicitly explicitly rewarded for that. And that's what we do is we offer a platform that does that for users. It's why they keep coming back because they're getting rewarded for this thing. It's been tried many times in many different variations. And I think some of the magic that we've created is the economies of scale so that once you have 17 million people doing this action, companies like Unilever can really benefit across their portfolio of brands, General Mills across their portfolio brands, and then what it creates is you as a user, it's all these brands. So you're getting rewarded now across tons of CPG brands across a lot of retailers. And as we break into restaurants and it becomes really powerful mechanism. I think that there's a lot to learn here from what fetch is done in the physical retail space in the sense of creating value, not only for consumers, but also for people that are interested in the data that your company possesses. It's a business model that might not be replicable or relevant for every company, but if you're in a space where you're able to collect data that's interesting to other brands, loyalty and rewards programs can be incredibly powerful. And that wraps up this episode of the mar tech podcast. Thanks for listening to my conversation with Burke Cooper, the CMO of fetch rewards. In part two of this interview, which we'll publish tomorrow, Burke and I are going to discuss why his company created the fetch pricing index. All right, if you can't wait till our next episode and you'd like to learn more about Burke, you can find a link to his LinkedIn profile in our show notes. You can contact him on Twitter where his handle is Burke underscore Cooper. That's BI RK underscore COO PER, or you could visit his company's website, which is fetch rewards dot com. Rewards dot com. More importantly, you can always download the fetch rewards app by going to whatever App Store you're using and just search for fetch. Just one more link in our show notes I'd like to tell you about. If you didn't have a chance to take notes while you were listening to this podcast, head over to martek pod dot com where we have summaries of all of our episodes and contact information for our guests, you can also subscribe to our weekly newsletter and you can even send us your topic suggestions or your marketing questions, which we'll answer live on our show. Of course, you can always reach out on social media, our handle is mar tech pod MRT ECH POD on LinkedIn Twitter Instagram and Facebook, or you can contact me directly, my handle is Ben J shap JP. And if you haven't subscribed yet and you want a daily stream of marketing and technology knowledge in your podcast feed, we're gonna publish an episode every day this year, so hit the subscribe button in your podcast app, and we'll be back in your feed tomorrow morning. All right, that's it for today, but until next time, my advice is to just focus on keeping your customers happy.
Under the Influence with Terry O'Reilly
"kimberly clark" Discussed on Under the Influence with Terry O'Reilly
"Smith gathered his board of directors, told them the news and said he had no intention whatsoever of dying. Then went on to be CEO for another 20 years. When he assumed the reins at Kimberly Clark, he analyzed the company and came to a conclusion that its core business, which was manufacturing industrial coded paper, was doomed to shrink in the future. That's when Smith made a dramatic announcement. He wanted to sell Kimberly Clark's paper mills. Even the one in Kimberly Wisconsin, the company's namesake. It was a monumental decision. To sell the mills was to sell the very reason the corporation existed. Kimberly Clark was essentially a paper mill company. Smith wanted to yank the company out of making paper products for other companies and thrust it into the business of making paper products for the public. But in order to do that, he had to throw Kimberly Clark into the fire of competition with the Giants. The Scott paper company and Procter & Gamble two of the most successful paper goods companies in the world. The warrior in Smith believed that world class competition would force his company to react. As writer Jim Collins says in his terrific book, good to great. Smith essentially gave the company one option. Succeed or die. In other words, burn the
TuneInPOC
"kimberly clark" Discussed on TuneInPOC
"Tom and Paul Karen Moscow, thank you so much for that Bitcoin quote just looking at that. And entry point for some people, perhaps I'm thinking about my friend in Berlin, Germany. Chris Chris Anthony joins us here. MAI capital chief equity strategist and senior portfolio manager. And Chris, I'm not going to talk to you about Bitcoin this morning. I want to talk to you about my Federal Reserve. My Federal Reserve chairman has signaled, I guess three rate increases here for 2022. That seems pretty clear to me that seems reasonable to me, do I have run the risk of being negatively surprised here in 2022 from my fed? Well, I think so, Paul, I'm actually looking for four hikes. But that's not necessarily terrible news. I mean, it'll add to the volatility, but look, rising rates is not a bug, but a feature of a strong economy. We're going to see strong earnings this year. We're going to see a strong economy. The market generally doesn't roll over until the fourth or 5th rate hike that may be early next year. So I remain a confident equity investor for 2022. All right, Chris, you're confident where is your confidence in the equity markets? Do I stick with Apple, which is which touch $3 trillion in market capitalization this week? Or do I kind of stay with that cyclical trade? Maybe some of the energy names, maybe some of the banks, maybe some of the cyclicals, industrials that have performed so well, really over the last couple of years. Sure. Paula, what I think you do is go company by company. In large cap tech, I can't say enough good things about Apple as a company, but it's hard to argue that it's not expensive at this point. In the fang group, I like Amazon. It did hardly anything last year. As it rebuilt and reinvested in the company and this year, the cash flow should increase by a whole bunch we think. So I like that there. But I will go company by company and see who can continue to push the earnings along the best. In addition, I would look carefully at the valuation because some of those companies have just gotten real extended. And I try to avoid those. Yeah, old equity analysts myself. I do pay attention to valuation. That's one of the things I probably did take away from business school is really focus on valuation here. How do you think about the valuation of these equity markets? We had such great earnings growth in 2021. Is that enough to kind of allay some valuation concerns for this market as we look ahead to a slower growth in 2022? Paul, as a classic analyst, you'll appreciate that the glass panelists answer is it depends. But what it really depends on is whether that earnings growth can continue in 2022 or whether the economy will suffer. I tend to think it will continue in 2022. I don't find the market shockingly expensive. I find it close to full value here, but not shockingly expensive. Given that interest rates will remain pretty low, even if we get a bunch of fed hikes, we're still talking about a ten year nicely below 3%. So in that kind of environment, the PEs don't shock me, I think if the earnings growth can continue, I think you can have a strong year for the markets. I wouldn't run for the hills because of valuation. Basic themes I've had today in the mass, if you will, of these first trading days of the year, is to gauge if corporations will adapt. They clearly have proven since February of 2020, their ability to adapt to a horrific pandemic. Do you have a lot of belief, a lot of conviction that whatever the corporation is, they're going to have the courage and ability to adapt to what's dealt them. Well, you know, Tom, some, yes, some no. I think for the first time in the generation, the consumer products companies, you look at the Coca-Cola, the Kimberly Clark, they're finally going to have a little pricing power with the first whiff of real inflation. We've had more time. So they'll adapt. Not only that, they'll be quite happy about it. There are others that are in more commodity like businesses, energy, materials that they're having their day in the sun because things are rebounding from near death experiences. But whether they'll be able to adapt is a tougher question and I would frankly stay away from that. So it's pick your shots carefully. It's going to be a complicated year, but I think with a lot of stimulus and a lot of earnings growth behind it, the market should be okay. And most of these companies will adapt. Was John bogle, the lovely lovely spirited John bogle, was he right, Chris costante about by the index fund versus trying to find alpha by jumping through. Well, that's like asking a priest that they believe in God, Tom. I mean, sure. You should have active management. But I think there's more you get from active management than simply outperformance if you pick a good active manager. You also get transparency. You get the ability to go to cash. You get the ability to adapt to changing market circumstances, which we've been doing for 25 years. So you get a lot from active management and it depends on the client. I'm not going to beat down passive management. It clearly has a place in people's portfolios, but I think active managers outperformed well last year. And I think this complicated year, they stand a good chance to do the same. Chris, should I think about international equities here? A lot of folks, we had on last week giving us their 2022 outlooks are saying, you know, the U.S. is the upside might be living in a need to think about international. How do you think about that? I feel like you could have said that for any time in the last 5 years every year, it's almost like predicting the downfall of Tesla. But I do think the setup seems, again, pretty favorable for the U.S. market. I think the dollar should be strong with the interest rate hikes. I think that the transparency of the U.S. markets, the earnings growth that's going to be brought on by the stimulus and the momentum that we have should lead to another good year. So you trade off a bunch of things when you go overseas and from where I'm sitting, I don't think you need to do that specifically this year. I'm not making a call in which market is going to be better, but I sure wouldn't put a stake in the ground saying, wow, the U.S. is time is up this year and I would avoid it. I would definitely not say that. Chris, as you think about opportunities again for 2022, what's number one? On your list. You know, I think the way to make money in the market is to differ from consensus and be right. A second part is really important. So I think where we're differing in, obviously, I think we're right. Is that I think the economy is going to run hotter than most folks think. So if you look out at your portfolio and your choices, I would say those stocks like Boeing that could rebound really nicely, Boeing is half the price as it was two years ago. In an environment that's hotter than folks think, that I think is the biggest opportunity looking forward. All right, Chris, thanks so much. We really appreciate chatting with you. As always, Chris croissant MAI capital. Chief equity strategist and senior portfolio manager still constructive on these markets and again, we've had strong earnings in 2021. And a lot of strategists are telling us we need more earnings in 2022 to propel this market. And of course, we'll get that coming up in a couple of weeks when we take a look at some of those fourth
Techmeme Ride Home
"kimberly clark" Discussed on Techmeme Ride Home
"Figma CEO Dylan field will stay on in his role as head of figma. Though shareholders don't seem to like this news, Adobe's stock dropped 12% this morning on the news. But come on, this is a smart defensive play on Adobe's part, right? Quoting Bloomberg. The deal announced by Adobe, which is a mix of half cash and half stock confirms an earlier Bloomberg report and would mark the biggest ever takeover of a private software company, according to data compiled by Bloomberg. Figma, which allows customers to collaborate on software as they build it, saw demand jump during the pandemic while more people worked remotely. The company expanded its customer base in recent years from software designers at big companies like Airbnb, Google, Herman Miller, and Kimberly Clark, to also include individuals building lightweight games, maps and presentations. It is also attracted a loyal student following the combination benefits quote literally anybody who is a knowledge worker said Adobe chief executive officer shantanu naryan in an interview. Adobe, which had been a well street favorite for more than a decade, has been pummeled in the tech downturn, seeing its shares lose more than a third of their value since the start of the year. Investors have become increasingly skeptical about the dominance of Adobe's line of software for design professionals, which makes up about 60% of its revenue. The company has targeted more accessible web based offerings such as Photoshop express to sell its creative software to consumers, small businesses, and social media influencers. The initiative ran into friction from upstarts including figma, light tricks, and canva. San Francisco based figma was cofounded about a decade ago by Dylan field, and Evan Wallace, the startup introduced browser based software design tools that allow software designers to work together in real time bypassing the sometimes clumsy process of saving and sending their work to collaborators using a collection of disparate apps. The company was valued at $10 billion in its last funding round a year ago. Sigma's backers include venture capital firms, kleiner Perkins, index ventures, and greylock partners. Actually, recent history is even more impressive than that. Figma's valuation increased from $2 billion to $10 billion in funding rounds between April of 2020 and May of 2021. Well, they doubled from there to reach today's $2 billion price tag. And pitch book says that the series a round for figma was a $48 million valuation. So nice 413 X return for those funds involved in the a couple of thoughts, though, don't people use figma to avoid using Adobe stuff.
WABE 90.1 FM
"kimberly clark" Discussed on WABE 90.1 FM
"ABE I'm Jim burris and coming up next Shannon hurt Excuse me Shannon hunt Remembers mechanic Scott scooter Stewart a Shiloh Illinois who died from COVID She calls him her bonus dad And the language advisory some of the shortest may find language in this piece Objectionable and there is a curse word that is bleeped out However you might want to be aware of that and that starts at 5 50 and will last about 8 minutes Support for WAB E comes from Kimberly Clark corporation home of brands like Kleenex Huggies and kotex more information about Kimberly Clark and its 149 year history of innovation is available on the web at Kimberly Clark dot com and from live nation Welcoming trombone shorty and Orleans avenue to cadence bank amphitheater at Chastain on Wednesday June 22nd tickets are on sale now at live nation dot com On the roadways this afternoon and Cobb county the left lane is blocked on 5 75 southbound at the express lanes entrance that's due to a collision In morrow watch out for a wreck that's in the left two lanes they're blocked by 75 northbound at mountain Zion boulevard and in Sandy Springs police report the right lane out of service on Georgia 400 southbound at I two 85 Due to a crash This report is sponsored by electro lived dry mouth pounding head a resounding sense of blah electro lid offers multiple flavors designed to hydrate and energize your body You can find electro lit hydration at your local Walmart A heat advisory in effect until 8 o'clock tonight and for tomorrow right now in the city partly clotty skies 98° It's all things considered from NPR news I'm Ari Shapiro and I'm Sasha Pfeiffer When Pixar's groundbreaking family comedy Toy Story premiered 27 years ago it introduced us not just to computer animation but to a delightfully full of himself toy So infinity And beyond Now buzz light year gets a movie all his own And critic bob on Delos says the animated adventure late year also breaks new ground A legend on the screen reminds us that in 1995 a boy named Andy received a space ranger toy for his birthday that was based on a character in his favorite movie This we're told is that movie It begins with rangers buzz light year and Alicia Hawthorne not toys but people though of course they're still computer generated landing on a new planet buzz swaggering as he generally does Buzz like your mission log There seems to be no sign of intelligent life anywhere Who are you talking to.
Bloomberg Radio New York
"kimberly clark" Discussed on Bloomberg Radio New York
"Is irresponsible Johnson says he is winning the COVID war Let me just remind the highest and indeed remind the country that he has been relentlessly opportunistic He has he has flipped he has flipped up from one side to the other He would have kept us He would have kept us in lockdown in the summer Mister hindsight in San Francisco I met Baxter This is Bloomberg All right Brian Hey thanks very much the time 8 and a half minutes past the hour Let's get to James A. managing director and chief investment officer at center asset management So in the end the stock market finished pretty much a flat ish the NASDAQ flat the S&P 500 down about two tenths of 1% What was the most important wrinkle from the fed today for you James From my perspective I think it was the perception of a slope change in Federal Reserve raising the fed funds rate What I mean by that is the point that chairman Powell mentioned with regards to every meeting is consistent with the Greenspan Bernanke playbook of 2004 2007 where they raised rates by a quarter of a point each and every meeting basically until something broke which was in 2008 as we know I think one of the key things however that may have been another concern was the yield curve flattening obviously and the signal that that might be giving in terms of economic slowdown in terms of policy mistake that might be attached to a more aggressive or speedier playbook in terms of racing the fed funds rate Rashad James I think that we had of course a J power also suggesting that the fed can be nimble flexible and adaptable but sure they can be all three but it depends when they are and if it's going to be too late to do anything Yeah I think this is not Paul vocal or even pre 2000 Allen Greenspan's fed Let's be realistic The fed is political I mean the government is going to benefit from a continuation of the inflationary environment that we're in because it's simply the largest debt or And no one on either party whether it's social spending by Democrats or defense spending by Republicans wants interest service costs to crowd out in essence spending on priorities in terms of what their political affiliations are So I think we're in an environment which I think is unprecedented for most people Which is that we're going to live with a period of negative real interest rates for the foreseeable future even though the fed may be tightening policy I don't think they're going to actually catch up to the rate of change that we've seen in inflation We had Kimberly Clark raised the issue of costs a pretty dramatically but then Microsoft and Tesla were just pretty strong investors kind of set aside concerns what's the real story The real story is that when you look at underlying stocks at this point in time the real driver in terms of what's been moving things higher has been obviously sales growth but also improvements in profit margins And in certain managers like the consumer Staples they're coming under pressure Okay We've been coming up against a break.
Bloomberg Radio New York
"kimberly clark" Discussed on Bloomberg Radio New York
"Of the week yields a push modestly higher with a ten year yielding ten year treasury yielding 1.78% gold it pulls back modestly now trades just over $1850 an ounce Bitcoin it finds a bit and is now higher just under $38,000 or per token looking at crude oil higher yet again WTI is just under $87 per barrel and I have to fill up the tank in the beamer today So that's going to be a challenge Let's get some more color on the equity markets with Bloomberg markets corresponding pretty good Pretty much look at it Paul we got us talk about earnings first and foremost of course we gotta talk about Microsoft coming out with a beat on the earnings but most importantly they're Asia cloud computing services coming out with a 46% sales growth increase yesterday post market They were punished for that down 5% after hours I didn't get that at all But the expectation was that they would hit like 50 or more essentially very very high expectations and then this morning a lot of analysts coming out Wall Street research saying well they're actually going to continue to grow just perhaps not at the same pace as before and that actually gave the stock a little bit of a tailwind MSFT's or take her up just shy of 6% in the premarket Let's see though if those gains hold into the open several other earnings stories coming out this morning Let's start with Kimberly Clark here kms your ticker down just shy of 6% in the pre market after saying it's fourth quarter profit was hurt by rising costs and provided financial forecasts that fell short of what Wall Street had expected This is something that you're going to hear from a lot of those consumer Staples companies that perhaps haven't been able to pass on costs that will offset some of those supply chain issues So something to watch there as move ahead just for comparison Procter & Gamble came out with their earnings and said the opposite They said that they were able to kind of offset those costs because of their margins Let's move on to Corning here G L W is your ticker up 11% This is the company that makes those screens on your smartphones the glass screens essentially but I always seem to crash somehow because my dog always chews on him But Corning shares up 11% in the pre market trading this comes after they record them in New York Is that right Tom Corning is in Corning Corning is in corn in New York which is near Elmira with a strangest ice rink in America Right It's a geodesic dome and the lights go up You can't see the puck on the ice Okay see That was ancient history I don't have to ring still there but Okay We're sliding of any hockey rink in the world How did Corning end up being in Corning Corny science and engineering in western New York This is the same as Bausch and lamb and Rochester and a lot of Engineering is they came out of New York City It's the longer this is a whole different upstate New York than the perception it now And it was the group at corn and the dead And of course the modern courting is the glassworks and is the glass on the iPhones and all that Gotcha I tell you that's it See Tom has the trivia for us True I lived it I mean you know I mean route 17 is that the road done through the worst road in America Is it Okay Yeah it puts Pennsylvania to share Well I've got two more for you Can we go bear with me here Let's talk about a railroad 'cause we're talking about the couple days about Norfolk Southern MSCs your ticker down 1.7% in the premarket but they actually delivered 13% greater profit in the fourth quarter even though the amount of cargo it transported decline and it was all because they were able to raise their rates So an interesting earnings story there I'm going to end here with TE Connectivity TL is your ticker down 1.7% This is a stock that is close to my heart because this was one of my very first stock picks in college when we pitched stocks back in the day The investment committee by the way invested in the stock Let me just say that This is at the university Virginia Virginia This is GameStop It was tea activity Smart women's securities chat out But it was essentially a college club that invested in stocks Anyways they logged higher profit and sales in their latest quarter driven by growth in their industrials and communication segments That being said though TL down just shift 2% What's interesting is both that in Norfolk Southern beat their earnings but their stocks are getting punished So that's good You got your diploma and they just sit here Here's the door What's your hurry Yeah Pretty much How did you do with your stock picks at school Well tea you can activity was the one is my pride and joy because no one heard about the company and I made the pick No one's listening is just my Friends Well they were this was I think back when the shares were at like $62 or something I think they're now over a hundred If I'm thinking correctly But back in the day they were just diving into medical equipment and so my question what was your dog that you had In college Yeah What was the stock pick that you had in college that went down in flames Oh PepsiCo was my one that didn't work Very good If ever I'm on my high horse you just whisper in my ear Westinghouse I remember that Pretty good but thank you so much This is a conversation today for me I'm going to get up on my anagram that's going to understand why I'm doing this Paul I look carefully at the media coverage of Microsoft earnings yesterday I thought Bloomberg did a great job top live and you know the whole thing and the clothes and television You know what The street just loves sexy names They want to talk Netflix Netflix Netflix Apple Apple Apple on a rug Why does Microsoft get no love Is it that boring of a company I mean to me it's not voting it's just growing at 20% or close to 20% for a company that's one third the size of the software market So for me it's actually one of the most exciting stocks that I cover How does that develop move the needle I mean how when you're that size that scope Do you go 20% 10% 5% two and a half percent Or how do you sustain that growth rate I think what they've done over the last ten years is phenomenal They have invested so aggressively in all the next generation technologies So whatever you want to do going forward for the next ten years they really have a strong portfolio of products over there And they obviously in cloud infrastructure they are the only competitor They only big competitive to Amazon Frankly on their continued applications portfolio they don't have that much competition out there from anybody I think Salesforce is the only credible competitor often Interesting It's a part of the last ten years And that was just these failed 28.4% per year I know it's just crazy So honor on when we think about Microsoft this is one of the great I think in technology one of the great reinvention stories I've seen Obviously they were The Office They were software And then for a long time they were kind of nowhere There wasn't really a growth cattle but then boy the cloud business has just been extraordinary for them How are they positioned within the cloud versus Amazon and alphabet and all the others So as we have mentioned and talked about et cetera several times Paul there are two elements of cloud One is the infrastructure business and the other is the application And they are the only company that has the strong suite of both Amazon's very strong good infrastructure but they don't have enterprise applications the size of what Oracle does or SAP does or Salesforce.
WABE 90.1 FM
"kimberly clark" Discussed on WABE 90.1 FM
"And from Kimberly Clark corporation home of brands like Kleenex Huggies and kotex more information about Kimberly Clark and its 149 year history of innovation is available on the web at Kimberly Clark dot com I'm W avs Jim beres When you need an information in 2021 you turn to W a B E and when we needed financial support we turn to you Your donation last year made it all possible Thank you and happy new year This report is sponsored by stand up to cancer Stand up to cancer is a groundbreaking initiative created to accelerate innovative cancer research that will get new therapies to patients quickly learn more at stand up to cancer dot org Support for NPR comes from this station and from proctor and gamble maker of a line probiotic a daily supplement to support digestive health containing a probiotic strain developed by gastroenterologists with 20 years of research more at a line probiotic dot com and from C three AI C three AI software enables organizations to use artificial intelligence at enterprise scale solving previously unsolvable problems C three AI This is enterprise AI From NPR news this is all things considered ilsa Chang and I'm married Louise Kelly advisers to the Centers for Disease Control and Prevention say adolescents should get COVID boosters This endorsement of the FDA's authorization earlier this week clears the way for the CDC now to recommend boosters for teenagers and Paris pink Huang is here to discuss hey they're paying Hey Riley's So why Let's start there because we've heard that kids are lower risk for COVID and for serious illness Why get them pushed So it is true that kids are generally at lower risk on adults and seems to be less severe across the board But COVID is still COVID and with the explosion of cases across the country we're seeing over half a million new cases a day Doctor Anthony Fauci the president's chief medical adviser says lots of kids are getting COVID And as many more children will get infected a certain proportion of them usually children that have underlying comorbidities are going to wind up in the hospital That is just an inevitability Currently over 600 kids with COVID are getting hospitalized every day That's the highest it's been this whole pandemic And many of those cases are in kids that are not vaccinated So this is a context in which the CDC's vaccine adviser can be met today They heard updated safety.
WCPT 820
"kimberly clark" Discussed on WCPT 820
"And welcome back Tom harvin here with you just a quick note by the way I mentioned this yesterday And I think it's worth mentioning again Robert Reich has a great piece It's up on alternate right now but it's also on his website Robert Reich dot com And what he's saying is yeah we've got inflation right now The reason we have inflation is because of corporate consolidation This is my book the hidden history of monopolies This is what's going on It gives the example of proctor gamble and Kimberly Clark He says in April proctor and gamble said that they were going to raise their prices on everything from diapers to toilet paper because of rising costs for raw materials And then he says Bologna Procter & Gamble is raking in huge profits in the quarter ending September 30th after some of its price increases went into effect It reported a whopping 24.7% profit margin And has spent 3 billion in the quarter buying back its own stock which of course raises bonuses for all its executives Same thing with PNG A lion's share of the market for diapers is now controlled by just two companies P and G and Kimberly Clark PepsiCo which owns Frito lay Gatorade Quaker tropicana and other brands They just announced that they're raising prices at the same time that they recorded $3 billion in operating profits And are going to spend $5.8 billion in dividends to their shareholders this year Coca-Cola has increased its profit margins to 28.9% The reason why inflation is happening right now There's multiple reasons for this But one of the main reasons that inflation is happening right now is that these giant monopolies you see the same thing with the airlines There's only four major air carriers in the United States 30 years ago there were more than a dozen There is no competition So when you get into an inflationary environment these giant companies simply say you know we're going to Jack up the prices We're going to increase our profits We're going to pay our executives more We're going to pass out bigger dividends We're going to buy back our shares But we're going to blame it all in inflation And who gets the blame for it Joe Biden And the Democrats And then Joe Manchin gets to come out and lie and say well we can't spend more government money because that's producing inflation Ball Government spending is not producing inflation It doesn't now it never has in any consequential way Maybe devaluing the currency.
Bloomberg Radio New York
"kimberly clark" Discussed on Bloomberg Radio New York
"To my question The Tesla might actually have when part of their bull case might be the fact that commodity prices are continuing to rise Therefore people might favor or electric vehicles even more And that was of course a much longer term base case but in today's story take Tesla out of the picture It is still inflation It is still commodities who are still seeing WTI crude prices They were rising quite a bit They've fallen since then but we're getting into scary territory when it comes to commodities and even Kimberly Clark for example down today because they said you know they cut their forecast for a third straight quarter sighting surprise surprise inflationary pressures and commodity costs Just depends how long those inflationary pressures exist are they part of the new equation Dave Wilson what else you got for us I'm just waiting for Facebook after the clothes Thank you And then I will see what the company has to say about all these stories if anything if anything I think is the key phrase there They'll be asked but will Mark Zuckerberg first of all be on the call He usually is That's a good point And will answer any questions All right folks we got around good stuff at the top of our show creedy Gupta Dave Wilson Thank you so much David will be back with his chart of the day Let's see the Bloomberg business week a bite of the day That's one number that tells us a lot and it's brought to you by GEP GEP helps businesses transform supply chains with strategy managed services and AI based cloud data software You can learn more at GEP dot com We had to do it I did Today's number is a 100,000 Hertz is ordered If you weren't listening and you fell asleep at some point now you're just waking up Tesla is the recipient of a $100,000 order from herds which has ambitious plans to electrify its car rental fleet The cars will be delivered over the next 14 months Tesla's model three sedans will be available to rent it hurts locations in major U.S. markets and parts of Europe starting in November That's just a few weeks away The rental company sang in a statement We're going to have more on this later We certainly will and that's just what roughly four months or so out of bankruptcy so a different hertz potentially going forward You drive a hertz as a rental You might buy one Maybe that's the thing All right let's get two world of national news everyday Nancy lions She's in D.C. hey Nantes Hey Carol the conversations between Democrats continue on the president's build back better agenda with leaders saying an agreement between progressives and moderates on social spending is getting closer President Biden was asked today about his meeting over the weekend with holdout democratic senator Joe Manchin To be more things to work out but it went well Biden is trying to reach an agreement with moderates in the Senate who have objected to the price tag for the social spending legislation initially proposing proposed at three and a half $1 trillion over a decade Moderna says it's COVID-19 vaccine shows a strong immune response in younger children in the late stage clinical trial paving the way for submission to regulators for clearance in those ages 6 to under 12 The children received about half the dose that was given to adults As more vaccines do become available more of us are returning to the airport Bloomberg's Amy Morris has the latest numbers from Washington Air traffic nearly ground to a halt during the peak of the pandemic shutdown last year Now airline passenger numbers are climbing steadily daily traffic rose 30% just yesterday It's up 114% from a year ago A little more than 2.1 million people flew in the U.S. yesterday compared to not quite 984,000 last year Now that summer is over airline travel has slowed a bit average daily passenger numbers slipped three and a half percent in the past week In Washington I may be more as Bloomberg radio Global news 24 hours.
Snacks Daily
"kimberly clark" Discussed on Snacks Daily
"We're gonna have like ten years of covering howard probably will go wrong so jack. What's the takeaway for our buddies over facebook. I'm sorry zakum. Start in the metaverse. The metaverse was duck has been building facebook. he's also been building out his metaverse simultaneously. Snacker the facebook app. it's really a virtual borderless nation with a population of three billion humans. If you think about it and mark zuckerberg is the supreme emperor of that borderless nation of three billion people. Instagram isn't really a photo app. It's really a virtual mall to market and help you buy anything. Zach box formerly known as libra. Great name is a digital currency. That's not use yet. But it's still a thing and could be in this metaverse and jack oculus. They're leading virtual reality headset. That is the portal to this entire virtual metaverse. They're building. It's basically the passport to get you into stocks metaphor exactly so the metaverse. That sucks envisioning is actually the next iteration of the internet. It is internet three point. Oh brought to you by facebook and for the last seventeen years. Facebook has low key been building the foundation for it for our second story. This was kind of wild. Kimberly clark is the king of the queen of toilet paper but it suffering smackers. We need to warn you about shrink. Flation shrink pleasure. You should be on the lookout by the way before we do this. If you're not in your bathroom right now which may be go to your bathroom. Check your toilet paper inventory. How you doing. How's the inventory. Are you good honestly jack. We have too much. It feels like we have a forest and a captain. I feel guilty. You're probably good..
Words on Water
"kimberly clark" Discussed on Words on Water
"Pay attention to the commitment to changing labeling Do the education and outreach awareness beginning kimberly clark is basically saying we're going to shift our product and then the market is going to shift along with us. That's in cases like this When companies like kimberly clark another settle you start thinking about what the market looks like and so there's education outreach in other committing to an independent standard you guys need to be comfortable with that standard But it the amount of information we do recommend individ. Each individual utility has its own circumstances. Read the information as you as you dive into this. Then call call the experts and get some additional information so it's But it's a it's not a heavy lift reading sampling exactly and you know. I think it's important to know that if you're a a utility that has been dealing with this issue for some time has been considering injunction relieves and some form particularly. I think is important. You look at this. If you're looking to do a monetary damages xs anyways. That's another consideration. But if you had in your list of things to ask Injunction injunctive relief. Then this is particularly of interest to you to look at is that is that about right. Lindsay terms of If you are involved or seeking about next steps as a utility in dealing with issue wipes is that about right. Yes that's exactly right. So it will not impact your right to bring a claim for monetary relief only impact your playing for injunctive relief You know if we're but for example. In addition to the things. That kimberly clark has already agreed to perhaps you would. You would want additional label changes or you would want a different form of Public education or you might want some other kind of relief and so. That's that's the kind of thing you would take a look at and examined it and to see you know. If if the relief it committed to you sufficient or not and let me just to audio. I i should understand that. But if if there is an objection the court will hear that one often objections have less power than you know. A group of people coming together to make an objection. Especially if you have an expert who says this standard is not good enough The result of that though likely will be that kimberly that the settlement agreement is not approved. And kimberly clark will just go back to litigating so it's not. I just wanna be clear that you could fade yourself. I don't think that this is enough. I think that they should have to make an additional label change. You're not gonna be able to accomplish that. In this settlement agreement. The end goal is that the court does not approve the settlement. And kimberly clark just goes back to litigating. We doesn't just say they couldn't negotiate another settlement agreement..
KLBJ 590AM
"kimberly clark" Discussed on KLBJ 590AM
"Kimberly Clark announcing increases to their diapers to part of the reason for these hikes, experts say, is due to rising gas prices and supply chain issues related to the pandemic. There you go. Yeah, I mean, yeah, it cost of everything's going up. Gas, milk, Everything. Bread, everything through the roof. Yeah. You know it. Don't pay attention that much. I should pay attention, Mork. But listen, when you get that, that audio he just said that that's gonna be a good sound like to hang on to write that down. Let me recreate it for 989 in the morning. I don't nine. Yeah, they don't. Don't pay attention much. I should pay attention more. Maybe that's a better that's better Take on right there. Yeah, I don't pay attention. But let me give it different inflection. Yeah. You know, I don't pay attention much. I should pay attention. Maura. Yeah. We'll be able to pay more at the pump this summer. Experts are now predicting a fuel shortage is on the way not because of supply issues but rather not enough tanker truck drivers to move the fuel to gas stations. According to multiple news reports about 25% of the tankers are not being used right now because there's just not enough qualified drivers available. Now. Insiders expect the national average of gas to try to top $3 a gallon over the summer and and may stick there for a while. S so get ready to pay a little bit more of the pop. I mean, listen, No. Yeah, That's that's a sweet gig right there. What is it? What's the trucker pay If you're hauling fuel? I have no idea. I guess you go from Houston to various all points in between across Texas. I've always said, you know to me that that's always sounded like a very appealing profession as far as just the freedom of the road and being out there. And all that, and I'm really surprised at the short is this another example of how people are just waiting for us? Much stimulus, and as much government help is, they can waiting as long you could never be a trucker, though you couldn't. There's no way there's no way not with your bone structure. No, you're absolutely right. You know what you're have no but your finicky diet. There's no way that you could be a trucker. I'll leave the chicken..
WSJ What's News
Procter & Gamble Will Raise Prices in September
"Consumer products giant procter and gamble says it will raise prices on household items from diapers to tampons beginning in september. The company cited rising costs for raw materials and transportation is the latest consumer products company to increase prices rival. Kimberly clark announced its own price. Hikes last month
WBZ Afternoon News
Coca-Cola Will Raise Prices to Offset Higher Commodity Costs
"Have to pay more to get yourself a can of Coke. Coca Cola CEO James Quincy told CNBC that the company is raising prices on some of its beverages for the first time since 2018 due to higher commodity costs, following similar moves by other consumer products makers. Like J. M. Smucker and Kimberly Clark, the Atlanta based company top first quarter earnings expectations, with store sales strong enough to offset another week quarter of restaurant and bar sales, where Coca Cola has historically enjoyed strong market share.
KTRH
"kimberly clark" Discussed on KTRH
"713 to 90 1000 or checked him out online and d m auto leasing dot com. 7 26 40. Donahoe's here with a look at your money. Well, hey there. Jimmy Stock index futures are moving slightly higher. Dow futures of 66 points. Crude $53 a barrel on enough eat outlook The International Monetary Fund raised its forecast for global growth this year. Heading the rollout of Corona virus vaccines will support economies around the world. Diamond Offshore drilling reached an agreement with most of its creditors to cut its debt by $2.1 billion, and that will pave the way For the offshore oil and gas service company to exit bankruptcy. The oil and gas industry is embracing the shift to cleaner energy with a record two thirds of senior professionals, saying their companies are taking action to adapt. That's according to energy consultant D. N V G. L And America's toilet paper cabinets may finally be full. Texas based Kimberly Clark, the maker of cotton. L sees a dramatic slowdown in sales this year, the company CEO said. Demands will remain above pre pandemic levels, but we won't see the porting that we saw last year. I'm corny. Donahoe Bloomberg business on NewsRadio, 7 40 Ktrh E got Andy didn't very fast. Tessa is in recovery from an addiction to prescription opioids. Was pregnant twice and I had used prescription opioids both times. I knew that this was something I had to stop for the sake of our Children. And for myself, I am more fulfilled. Today I ever have been in. I know there's more to come. If you or someone you know is struggling. There is hope recovery is possible Visit CDC dot gov slash Rx.
WHAS 840 AM
"kimberly clark" Discussed on WHAS 840 AM
"John Rhodes, Kentucky will also open the season Friday. February 19th. Did. North Carolina That's looking sports. Now at news radio 8 40 W H. A s Way. Talked with Councilwoman Chambers Armstrong coming up at 7 45 about The area of the Highlands Bardstown Road that you know, dude, she's gonna give her ideas of what she wants to see for the future. Then that's coming up in about 17 minutes. We're two minutes out from Will Clark. The news at 7 28 years 20 down a hole with a Bloomberg money update. Good morning, Tony stock Index futures are starting to lived off with doubt. Futurism 60 points. President Biden said he's open to negotiating is $1.9 Trillion Cove in 19 relief proposal, adding that the process of reaching an agreement is just beginning. Southwest Airlines is joining the list of carriers banning emotional support. Ferrets, pigs and other preachers will now on Lee allow service dogs that are specially trained to work with a qualified individual. America's toilet paper cabinets, maybe finally full. Kimberly Clark, the maker of cotton Elsie's a dramatic slowdown in sales this year, the company CEO said demand will remain above pre pandemic levels. But we won't see the hoarding that we saw last year with the news radio weighed 40 wh S Bloomberg money report? I'm corny, Donahoe. Free healthcare hundreds to more than $1000 per month and disability compensation and tens of thousands for college tuition. These are just some of the U. S Department of Veterans Affairs. Benefits that may be available to veterans via is focused on customer service. Like never before. Shoes via and see why Veterans trust in via reached an all time high.
News and Perspective with Tom Hutyler
Cottonelle wipes recalled for possible bacteria contamination
"Product in heavy demand during the pandemic is being recalled due to the possible presence of bacteria. Kimberly Clark is recalling specific lots of cotton. L went wives salt nationwide. Because they could be contaminated with bacteria that can cause infections. Billa's having the texture and cleansing power of water to deliver long lasting, freshest thie. Affected products include cotton L flushable wipes and cotton l gentle plus flushable wipes manufactured between February on September shares
Dr. Daliah
Cottonelle Wants To Remind TP Hoarders Of Their Humanity With 'Share A Square' Campaign
"During this somewhat confusing time most of us have seen store shelves with no toilet paper one manufacturer it's asking you to share well Michael six points last week Kimberly Clark's Cottonelle brand released a simple advertisement urging Americans to stop hoarding toilet paper during the crisis instead it called on people to quote share a square with friends and neighbors in need Cottonelle partnered with United Way for the campaign donating
Artificial Intelligence in Industry
Where AI Is Impacting Retail and eCommerce Today - With Guru Hariharan of CommerceIQ
"So Guru just to get things off the ground. I really want to get your perspective on where you see making a the difference in ecommerce today if we just freeze the tech today and we look at where it's making a difference on. What are those areas that are biggest in your opinion Denver? Thanks for having me on the show. Of course as the apply to e commerce are a few things which it can have some pretty significant impacts and of course there's a lot being said tons of custom expedience which is the most obvious thing where can include experience of the shopper. Coming into the store or coming coming in online and others but I want to talk a little bit about some of the back offices. If you may've that has not been talked about much which is Sales Marketing and supply chain those are areas which have amazing amount of opportunity in terms of the data. That is flowing thumbs off the deputy of tasks that can be automated the opportunities in those areas and a lot of top tier companies automated and end apply to improve their sales efficiency marketing efficiency and supply chain efficiency when starting with dog companies like Amazon. Yeah well obviously the Amazon is pretty. Well aggregating this whole space That certainly your guys focused as well so you wanted to knuckle down on the sales and kind of supply chain side of things here grieve. You're voting off to. I'd love to if we could start with sales. That'd be cool because I'll be honest with you. When it comes to e commerce I would everybody thinks of and probably where most of the action in is with a I and I think you'd probably this yourself is going to be on the marketing on the consumer purchasing side? Right what offers in my face. How big is the button? How does it show up on these different devices? What kind of e mail campaigns do I get right? It's a consumer clicking a button in swiping their visa. But you're talking about sales. Where do you see sales playing into the mix of common? Where does get in there? That's a that's a great question. So let's let's start off before we get into the application of AI. Let's just spend a few seconds to think about how sales sales is enabled on ECOMMERCE shirt. Accompany like Kellogg's are a kimberly-clark if you are to sell products that so you're selling die. buzzer selling curiel cereal boxes. How do you sell howdy enables sales teams on? How do you sell on retail outlets whether it be e commas whether whether it be a kroger store Walmart store? Typically what happens for decades out there for a century from a sales standpoint Kellogg's along our kimberly-clark is employing a top negotiator. The hiding from an Ivy League and like an NBA and teach them how to Gauthier Arkansas are Cincinnati to have a conversation and negotiation with Walmart are a kroger over dinner table and they have a process called the joint business. Plan talk through a number of options to invest on. How how can I buy all these The majority of the space that is dead in the diaper Iowa. The cereal of your store. Can I get the space right next to the cashier's without doesn't impose Opportunity things of that nature. All of these things have been traditionally done and balking century for decades in for more than a century in a setting which is a human to human interaction's our cable. So now let's flip order. Twenty twenty majority of sales sales which is happening on e commerce does not happen that way in fact if you enter Amazon our copier ECOMMERCE and growing companies like Walmart Dot. Palm are are Instead God another. You don't have people on the other side who can have conversations and Negotiate these these deals in fire. The language of this speak is dot of data. They would expose for instance Amazon exposes a bunch of data files through a Puerto. And if your Kellogg's you're expected logging into a portal figured out. How sales happening which sealed boxes are selling more on and not wait? Am I getting the right. Customer Feedback House might rent. Doing supply efficiency everything is codified in Puerto inside and communicated the data. So if I'm Kellogg's might old ways of human to human interaction's completely breakdown because guess what does not human on on the other side. What do you do so that element of sales has a seismic shift as a huge disruptive? Change that is happening right now. The market where sales needs to be completely codified into a machine. That's probably what we call out. Intelligence right yeah. So interesting. Listing big dynamic. So I'll just kind of try to sum this up then we can poke into the AI. Part I appreciate you kind of I guess setting the table for the topic. I think a lot of people do associate sales with the old old school song and dance. Bring a briefcase. I buy you a Scotch I ask you about your kids and then I talked about. Can I get this floorspace. Can you buy this kind of quantity. Not what do I gotTa do to have you purchase our product instead of general mills. You know whatever the case may be right but you're talking about now Amazon Amazon a platform. So the only thing that they're vendors are going to see sort of dashboards and that this is now changing the game on on how we do business do sales. How do you sell to a dashboard board in other words? What is now sales replaced with? So that's Let me think about selling into a company with speaking the language of data which is selling to a dashboard. You don't think about applying negotiation tactics from an from a human perspective. But can you a blind negotiation tactics using Using data so for instance. If I know that you're under sodded on a sudden which is getting to be an important key? What on your website aside? Let's say for instance Kito Cereal Boxes Keita's attending dumb and people eat cereal so they're searching for Kito cereal now if the industry does not have house keep those cereal. It's opportunity for you to identify those items in your assortment. which have the right ingredients and stock marketing outselling those items against those keywords on an overall basis as you mentioned if you're a salesperson Trying to get your products into a store. A stores a very deterministic concept offline. Would you walk into a serial and that's it. You'll find your cheerios. You sign find a gentleman's Products you find everything that needs to be there in that one. I'll when you walk into the e commerce store and I say walk in with a quote Unquote Ya. Am you walk in you walk. In using search thumbs and these search dumps could be a combination of keywords that type in it could be lane lane on cereal boxes could breakfast. Cereal could be snack. BOC CEREAL KITO cereal organic cereal. What would maybe there could be thousands of such keywords which make up the quote unquote digital? I'll now it's up to you as a brand to figure out where should I sell. And and how should I sell. which products do promote? which products do I given incentive for the shop or through a coupon and things of that nature and if if you think about the explosion of combinations that has happened over there? You've got thousands of key woods and save a few hundred products that you sell and you have essentially do that matching and start to push them the right level so that you're able to maximize that are done on your sale. Spend and trade spending such available due to drive. Maximum profitable sales on ECOMMERCE website
Business Wars Daily
Huggies Dads on Diaper Boxes Campaign Goes Viral
"<music> from one hi this is business wars daily on this Wednesday July twenty four Chicago. Dad is reeling from newfound celebrity of the most surprising kind and what happened him says a lot about are changing culture not to mention some very smart marketing on the part of huggies. He's diapers earlier this month. Huggies owned by procter and gamble introduced a new line of premium more sustainable diapers on its glossy black boxes or photos not just babies or babies in MOMS but for the first time babies with fathers. One of those boxes features African American model Orlando Phillips Holding a winsome one year old girl. The campaign is surprising since for decades fathers have been the butt of jokes not to mention huge frustration when it comes to diaper changing but with younger father's play more equal parenting roles many dad's feel under represented not to mention under appreciated for sharing the work in bonding with their kids. That's w true for black fathers who struggle with the stereotype that they are uninvolved loved so when Chicago Father Joe Flowers Junior saw the photo of Phillips and Baby Soraya Lattimore on the huggies box. He was elated in a facebook post he shared the photo saying huggies moved to show a black father. We're on the boxes quote a I in history. He added quote. Look how far we've come. I'm about to buy these for no reason whatsoever well that post went viral and production time had been shared eighty one thousand. In Times flowers has been interviewed by U._S._A.. Today and several other publications aside from shocking the softspoken father the response demonstrates just how advertising follows and mimics changing culture. It's about time social media fans hands seemed to be say obviously the marketing campaign turned out to be a smart move for Kimberly Clark the companies and fierce competition with Pampers owner proctor and gamble for the twelve billion dollar diaper market that competition. It's tougher than ever to because his diaper sales have been shrinking since two thousand eight when the birth rate began to fall sales dropped almost six percent from twenty seventeen to last year C._N._N.. Reported as kimberly-clark's then C._E._o.. Said you can't sell more. More diapers to women who aren't having babies proctor and gamble actually quarter DADS I in June it announced that it would install changing tables and five thousand men's rooms nationwide after an activist dad posted a photo of himself changing his one year olds diaper wild squatting uncomfortably on a men's room floor that dad called for change with the Hashtag Squat for change and Pampers responded. Both companies are now trying to sell more ECO friendly diapers at premium prices huggy special schol delivery diapers the ones featuring dads on the boxes us more sustainable materials pampers has put out its own more sustainable line to boot if the response to the DAD marketing is any indication we're likely to see a whole lot more of it and and the move is intended to boost sales and prophets well. It's also a push for gender equality and for breaking stereotypes and for that Joe Flowers junior and thousands of others have nothing but praise.
Noon Report with Rick Van Cise
Huawei first-quarter revenue grows 39 percent to $27 billion amid heightened U.S. pressure
"Cesco shares of Kimberly Clark rallying today. A gain of five point seven percent. The company behind products like Kleenex and Huggies reported better-than-expected first-quarter earnings and a sales decline that wasn't a steep is feared he was oil prices are sharply higher in the wake of a White House announcement that countries that continue importing oil from Iran will soon be subject to US. Sanctions. Some good financial news for Chinese tech giant alway the company's quarterly revenue rose thirty nine percent. The spite continuing US pressure on allies to Sean wa ways telecom technology as a security
WBZ Midday News
Price Hikes Help Boost Bottom Line for Kimberly-Clark, Pepsi
"Raising prices is a short way for companies to make a profit unless they lose customers over it. Duncan. Shares are falling over concerns that franchises are leaning. More heavily on price hikes. These days price hikes are working for Kimberly. Clark shares of the maker of Kleenex and huskies are up the most a decade because consumers are not smoking. It's paying more for tissues for one thing, Pepsi, and Nestle have also successfully raised prices on some common household products. Dow's down forty six points, NASDAQ is up as the SNP up
The Big Biz Radio Show
Tesla shares slide after downgrade by RBC
"With markets and more from his talk news do Baldwin chairs of Kimberly Clark is down two point four percent for the consumer goods company posted a fourth-quarter earnings miss Tesla's. Shares are under pressure today after our BC downgraded the stock to underperform to outperform while cutting its price target to two hundred and forty five dollars and ninety dollars a share. The stock is down one point nine percent. Shares of Comcast corporations are up by point three percent after the internet service provider exceeded analysts expectations for profit and sales. Abbot laboratories thoughts is down one point two percent. After the firm fourth quarter revenue fell short of expectations Asian markets. Trading. Mostly plant with Japan's Nikkei index closing zero point one percent lower. While Hong Kong's Hang shink index is virtually unchanged and the Shanghai composite index rising less than zero point one percent. This is is talk news.
Coast to Coast AM with George Noory
Kimberly Clark discussed on Coast to Coast AM with George Noory
"On changes. Kimberly Clark is voluntarily recalling. Its u by kotex sleek tampons after some products unraveled wellbeing worn sometimes resulting in internal infection or injury a full list of affected. Lot numbers is available on the products website. You buy kotex dot com. If your holiday shopping online or shipping gifts
The Frankie Boyer Show
Kotex tampons recalled after reports of pieces left in bodies
"And important recall to tell you about kotex manufactured by Kimberly. Clark recalling defective. Tampons that poses? An infection risk. The FDA says a defect in some of the products could cause them to come
24 Hour News
Kleenex to rebrand 'mansize' tissues after gender complaints
"Kleenex is rebranding its man size. Tissues after getting complaints. The name was sexist Kleenex maker Kimberly Clark says it received a consistent increase of complaints and gender concern. So the product will now be called Kleenex extra large packages for the tissues described them confidently strong and comfortably soft Kimberly Clark tells Britain's Daily Telegraph it in no way. As suggests being both soft and strong was an exclusively masculine trait. Nor does the company believed the men size branding suggests or endorses gender inequality. Kimberly Clark says it nevertheless remains committed to developing the best possible products and take any feedback. Extremely
Elvis Duran
TSMC says a number of fab tools infected by computer virus
"I'm Susanna Palmer from Bloomberg world headquarters a computer virus caused work to stop, at several Taiwan Semiconductor Manufacturing company factories last night that was a blow to TSMC as it ramps up chip-making for Apple's next iphones TSMC is the sole maker. Of the iphones main processor it said a number. Of its fabrication tools had been infected, and well it had contained. The problem and resumed some production several, of its factories won't restart till at. Least Morrow the virus wasn't caused by a hacker the company said China says it's poised to. Impose retaliatory tariffs on sixty billion dollars worth of US imports if Washington goes ahead with its latest trade threat the items that. Would be targeted include. Coffee Honey and industrial chemicals the family of presidential son-in-law Jared Kushner is giving up control of six sixty six Fifth Avenue in, Manhattan, this as the property was facing a one point. Two billion dollar Debt payment in the next few months Canada's Brookfield asset. Management has signed a ninety nine year lease on the. Tower it's pulp nonfiction baby diapers and toilet paper are about to get. More expensive as global supplies of wood pulp tighten. And demand improves more from Bloomberg's Charlie Pellett Proctor and. Gamble says it's raising the price of. Products including pampers diapers bounty paper towels Sharman toilet paper and puffs tissues a week earlier rival Kimberly Clark. Warned that significantly higher commodity costs led the company, to reduce its earnings outlook according to a, Bloomberg, intelligence report in. May the price of pulp a fibrous material used in many personal care products has risen over the past. Year and will remain high through twenty nineteen Charlie, Pellett Bloomberg radio Global news twenty four hours a day on air and it ticked. Up on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries I'm Susanna..
Bloomberg Surveillance
Eli Lilly to take animal health unit public
"Good morning everyone Pimm FOX, and Tom keep from our studios. In your John, Farrow down, in Washington ninety. Nine point one FM he's gone off to his other franchises Pinhas other properties is they say His, other property, doing TV show right now is a good thing. Talking about Turkish lira crushed Turkish near a four point eight nine week. Or Turkish lira they didn't raise rates renmimbi a little bit weaker swell lifted the market futures up. Ten pin what are you. Focused, on well since you mentioned Turkey I was, interested in, the. Exit of mess at Osceola from the German national team football soccer team very good soccer. Football equals the same. Thing in some places he said that. He quit over racism and disrespect Yeah, he said that when. He wins he's considered German when, he loses yeah, he's considered an immigrant and this all had to. Do with a picture in which he was standing next to the president of Turkey used to air to one in the news today again Turkey with the new regime the new financial regime Turkey saying no we're not, going to raise rates and police, a market so the lira. Weakening out as well we've lots to talk about. This morning right now were their equity. Report we value David Wilson David elite with alphabet you got something better alphabet is as I mean the shares are up four, and a half percent remember. They have two classes of stock in the s. and p. five hundred and indeed the owner. Of Google reported second quarter? Earnings, revenue that beat the, average analyst estimates in a Bloomberg survey in bear in mind they came up with the profit figure, that omitted, the record five billion dollar fine imposed by the. European Union even after that penalty alphabet made money In the quarter they have Verizon of two percent the mobile phone companies profit and sales last quarter surpassed the highest estimates, subscriber growth also be projections, and Verizon raised its revenue forecast, for, the year and we should note AT and t.'s results, are due out after the close of. Course they're the biggest US competitor of Verizon and that stock up about. Three quarters of a, percent at the moment. Verizon one of three companies are, the Dow Jones, industrial average to report the others United Technologies we. Know them for jet engines elevators other products there little changed in early trading and three m dowana half percent even though they're second quarter results were just ahead of estimates then you see the effects of higher commodity, prices on a couple of companies, one of them whirlpool down. Ten percents in early trading the appliance makers second. Quarter results missed projections and Kimberly Clark Tissues diapers. Other consumer products down two and. A half percent they, cut their profit forecasts for, this year to reflect commodity costs as well as currency moves Lockheed Martin by contrast up two and, a half percent the defense contractors second quarter earnings and sales beat estimates and. They're a, full year profit forecast top the highest projections so they're doing well then you turn to pharmaceuticals. Biogen up seven, and, a half percent he drugmaker beat second quarter profit and revenue forecast and raised, its full-year. Estimates ally Willie's up three and, a. Half percent they're spinning off their animal health unit at Lonzo either side to, do it after a months-long study lily second quarter results beat. Estimates as well then you had a take under you might say the banking. Business right Sino-US finance based in Georgia they agreed to, buy Florida's FCB. Financial holdings were two point, nine billion dollars Stock both companies shares taking a head sign of us down seven. And a half percent and FCB lower by, eight and a half percent Quest Diagnostics time about. Stocks are down lower by five percent revenue at the clinical testing company trail the average estimate. By the most more than five years earnings also miss. Projections on a couple of, notable gays to finish this off Tom public group up seven percent the advertising company raises. Full-year revenue forecast after. Second quarter sales topped estimates and we've seen disappointments in that business. From Omni com as well as Francis Publicis Groupe so a real contrast there and Harley Davidson you may recall President Trump. Calling them because of their plans to move production stocks up four percent in early trading earnings for, the second quarter unexpectedly rose revenue topped with. That said they did cut their profit margin forecast, for this year, to? Reflect the tariff imposed by..
All News, Traffic and Weather
Wall Street ends mixed as investors eye earnings
"Wbz news time five oh wade and here she is tracy jonky over a bloomberg what happened today trace not a big day on wall street laurie the dow was down fourteen points at twenty four thousand four forty eight nasdaq down seventeen points the snp up one tenth of a point investors wrestled with some disappointing earnings reports from chipmakers kleenex maker kimberly clark and the toy maker hasbro but shares of hasbro ended up higher the toymaker told investors at the.